Asian markets retreat ahead of US jobs as tech worries weigh
Hong Kong – Asian markets extended losses on Tuesday, following Wall Street lower, as investors prepared for key U.S. jobs and inflation reports. Concerns...
Midea opens Hillah branch amid Iraq’s retail growth
Midea Group has opened a new showroom in Hillah, the capital of Babil province and a city famous for its connection to ancient Babylon....
ExxonMobil slows low-carbon investment push through 2030
ExxonMobil announced that it is scaling back its planned investments in low-carbon projects for the 2025–2030 period. The company now expects to spend around...
What are ‘rare earths’ for?
Paris – Rare earth metals are a big deal. They’re essential for making smartphones, fighter jets, electric cars, and even wind turbines. And this...
Asian markets mixed as traders eye US data ahead of Fed...
Summary of Asian Markets & Global Outlook
Asian stocks were mixed on Monday as investors waited for key U.S. economic data that could influence the...
Asian markets struggle to build on week’s rally
Hong Kong – Asian markets ended the week on a mixed note after a strong run in global equities, driven by growing expectations that...
Iraq leads Arab countries in barley production for the 2024–2025 season
Iraq has taken the top spot among Arab countries in barley production for the 2024–2025 season, according to new data from the U.S. Department...
Asian markets track Wall St lower as AI fears mount
Asian stock markets fell on Thursday, following another rough day on Wall Street, as investors continue to worry about the tech sector — especially...
China’s economic growth slows amid sputtering domestic demand
Beijing — China’s economy slowed more than expected in the third quarter of 2025, growing below five percent for the first time in a...
Asian markets rise on lingering trader optimism
November 3, 2025 — Asian markets climbed Monday, buoyed by optimism from Wall Street’s AI-fueled rally and signs of easing China–US tensions, as investors...
Iraq’s Civil Defense acquires IVECO Eurocargo firefighting trucks
IVECO and MTT Deliver 20 Eurocargo Firefighting Trucks to Iraq’s Civil Defense Directorate
Baghdad — IVECO and its local distributor Machine Technology Trading Co. (MTT)...
Asian markets bounce back as China-US trade fears ease
Hong Kong — Asian stocks jumped on Monday after Donald Trump struck a more conciliatory tone toward China over the weekend, easing fears of...
Iraqi News
Egypt, Iraq Facilitate Cross-Border Road Transport
Iraq’s Ministry of Transport has announced new measures with Egypt to make road transport of passengers and goods between the two countries easier.
The decisions...
The dollar’s exchange rate against the dinar fell in Baghdad and Erbil on Monday...
On Monday morning, the US dollar fell against the Iraqi dinar in both Baghdad and Erbil markets.
In Baghdad, the selling price was 149,500 dinars...
The IMF predicts a decline in global inflation during 2026.
The IMF Managing Director, Kristalina Georgieva, said on Monday that global inflation is expected to fall to 3.8% in 2026 and drop further to...
Oil Ministry Reviews Progress at Gas Growth Integrated Project (GGIP)
The Ministry of Oil has reviewed progress on the Gas Growth Integrated Project (GGIP) during a site visit to the Artawi (Ratawi) oilfield in...
Al-Zawraa signs Contract for New Hybrid Solar Power Plant
Al-Zawraa General Company, which operates under Iraq’s Ministry of Industry and Minerals, has signed a new contract to build and run a hybrid solar...